{"id":36277,"date":"2017-11-09T12:19:37","date_gmt":"2017-11-09T12:19:37","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=36277"},"modified":"2017-11-09T12:19:37","modified_gmt":"2017-11-09T12:19:37","slug":"mha-macintyre-hudson-outlines-construction-industry-wish-list","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/mha-macintyre-hudson-outlines-construction-industry-wish-list\/36277\/","title":{"rendered":"MHA MacIntyre Hudson outlines construction industry wish list"},"content":{"rendered":"<h2>Brendan Sharkey, head of construction and real estate at <a href=\"http:\/\/www.macintyrehudson.co.uk\/\">MHA MacIntyre Hudson<\/a>, outlines his Autumn Budget wish list for the construction industry<\/h2>\n<p>Sharkey said: \u201cThe biggest challenge for the construction sector is a lack of confidence, fuelled by Brexit uncertainty. The government must use the Budget as an opportunity to offset this, and the best way would be to put its full support behind one of the UK\u2019s high profile infrastructure projects. Whether it\u2019s <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/bidders-sought-hs2-london-stations-construction-teams\/34706\">HS2<\/a>, the new runway at Heathrow or <a href=\"https:\/\/www.pbctoday.co.uk\/news\/bim-news\/crossrail-3d-repo-bim-app\/30159\">Crossrail 2<\/a>, this vote of confidence wouldn\u2019t just benefit companies associated with that development, but every player in the industry.<\/p>\n<p>\u201cHousing will be firmly in the spotlight and we agree that stamp duty is due an overhaul; it\u2019s inhibiting buyers in its current form. One option is for sellers to pay this tax, given they will always have the means to pay from sale proceeds, and in many cases are sitting on a tidy profit from rising property prices. We\u2019d also welcome an exemption for older people looking to downsize, helping free up family homes. There is a gap in the UK market for older people looking to downsize too \u2013 we\u2019re lagging the likes of the US and Australia when it comes to specialist retirement accommodation. With life expectancy on the up, there\u2019s a growing need for quality homes designed specifically for the older market.\u201d<\/p>\n<p>He added: \u201cTheresa May\u2019s commitment to more funding for <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/further-investment-announced-for-help-to-buy-equity-loan-scheme\/35449\">Help to Buy <\/a>is a positive, but there is still a shortage of supply. Issues in the supply chain have to be tackled, for example by making planning permission easier to obtain, or encouraging local authorities, <a href=\"https:\/\/tfl.gov.uk\/\">Transport for London <\/a>and <a href=\"https:\/\/www.nhs.uk\/pages\/home.aspx\">the NHS<\/a> to free up land for development. Empowering local authorities to invest, for example in buy to rent properties, would also be a huge help \u2013 with their commitment the big housebuilders could release large blocks of housing in one go, rather than in the somewhat piecemeal fashion they\u2019ve been criticised for.<\/p>\n<p>\u201cTax relief on innovative housing solutions like <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/modern-building-means-modular-construction\/34899\">modular homes<\/a>, and suppliers making the most of automated production, should also be considered. The construction industry is an important part of the UK economy but government action to date hasn\u2019t been radical enough to provide meaningful support. It\u2019s time for this to change.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Brendan Sharkey, head of construction and real estate at MHA MacIntyre Hudson, outlines his Autumn Budget wish list for the construction industry<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,276,656],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-36277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-government","9":"tag-housing"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MHA MacIntyre Hudson outlines construction industry wish list | Planning, Building &amp; 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